The Philippines has urged Southeast Asian nations to remain committed to restraint and international law as growing unilateral actions and regional tensions threaten stability and …
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China is close to completing the Pinglu Canal, a major infrastructure project designed to strengthen trade links between its inland regions and Southeast Asia. The …
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Japan to Begin Biggest-Ever Oil Release as Middle East Crisis Threatens Energy Security
by admin477351Japan has launched its largest-ever drawdown of strategic oil reserves, with Prime Minister Sanae Takaichi announcing the release of approximately 80 million barrels to domestic refiners. The move comes as …
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Treasury Secretary Bessent Reveals Plan to Use Sanctioned Iranian Barrels Against Market Chaos
by admin477351Treasury Secretary Scott Bessent unveiled a plan Thursday to deploy sanctioned Iranian crude oil against the market chaos created by Iran’s own Strait of Hormuz blockade. Bessent said the US …
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Bank of England Keeps Rate at 3.75% as Iran Shock Adds to Long List of UK Price Pressures
by admin477351The Iran war has added another item to what is already a long list of price pressures bearing down on UK households, as the Bank of England voted unanimously to …
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The announcement of British Steel’s deal to supply rail for Turkey’s Ankara–İzmir high-speed railway has reignited a debate about the importance — and the future — of steelmaking in the …
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Diversification Strategy Succeeds: India Maintains Energy Supply Despite Russian Decline
by admin477351India’s crude oil diversification strategy demonstrated its effectiveness in 2025, maintaining overall energy supply levels despite significant declines in Russian imports. While US crude imports to India increased by 65.6% …
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Bank of England Keeps Rates at 3.75% as Consumer Inflation Expectations Remain Elevated
by admin477351The Bank of England has held interest rates unchanged at 3.75%, with some policymakers expressing concern that consumer inflation expectations remain elevated despite falling actual inflation. This disconnect is influencing …
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Iran has turned down a ceasefire proposal delivered by Pakistan on behalf of the United States, instead presenting a five-point counter-proposal that includes demands Washington …